Kylie Jenner is only 20 years old and is about to be the youngest self-styled billionaire, according to Forbes.

Kylie Jenner, who made a fortune with her popular cosmetics line, is on the cusp of becoming the youngest self-taught billionaire, according to Forbes magazine, who named her one of the self-taught women the Richer America in 2018.

In an interview with the magazine, Jenner, 20, credited her social network for the giant business she's built.

"I have easy access to my fans and my clients," she said.

Forbes

It has only been two years since star launched Kylie Cosmetics with her $ 29 lip kit. Jenner owns 100% of the company, which has sold more than $ 630 million in makeup, according to Forbes.

Forbes values ​​Jenner's brand at nearly $ 800 million.

"Add to that the millions that she earns through TV programs and Puma products and PacSun clothes, and $ 60 million in after-tax dividends that she took from her company, and which is worth $ 900 million … "Forbes writes.

Kylie Cosmetics has already generated an estimated net profit of $ 230 million and Forbes predicts that Jenner will become the world's youngest self-produced billionaire this year – a title Bill Gates and Mark Zuckerberg once held.

Swan Gallet / WWD / Shutterstock

Morgan Lieberman / ZUMA Press via Newscom

"The Most Successful Women Entrepreneurs the country are taking advantage of more and more technology, including social media, to help them start and grow businesses, "said Luisa Kroll, deputy editor of Forbes, Wealth. "That's one of the reasons we've seen a noticeable influx of Instagram-savvy bosses like 20-year-old Kylie Jenner in the ranks of America's richest self-made women." "

In an episode of the E! "Kylie's life," the makeup makeup artist talked about becoming a CEO in her teens.

"I had the opportunity to do like the coolest makeup line I've ever dreamed of," Jenner said, according to People magazine. "It's really my only passion, I've learned a lot and just experienced things that people my age do not even know how to handle." I feel that people do not take me seriously as a businesswoman because of my age and reputation, but I think they're starting to do it. "

Carl Timpone / BFA / Shutterstock

Jenner continues: "I like to prove that people are wrong.

Forbes estimates that Jenner's half-sister Kim Kardashian West, aged 37, is worth $ 350 million